Mexus Gold US (MXSG)

[Amadeus4153]

"Are those expenses spelled out anywhere?"

Why do you continue to ask questions which you know cannot be answered at this time? MarMar is a private company and does not have to publish their expenses. We will find out at the point of the 1st pour.

Although I don't know what those exact expense are, I can tell you they are not substantial. MarMar did not have to pay for the land. Mexus paid for the Merrill Crowe unit. I believe Mexus also paid for the leach pad liner. MarMar's principal costs have been manpower, machinery and the initial blast. Should not be a huge sum of money.

Given the preliminary numbers we have been given from the 1st column test, 10,000 tons of material @ 0.7gr/ton net will produce approximately 226 ounces of gold @ $1,200/ounce for a total of $271,000 per 10,000 tons loaded.

20,000 tons processed in the 1st pour should more than cover MarMar's expenses to date.